FirmaIQ
Org.nr 990 542 961 2018 → 2019 Year-over-year analysis

ACUFRIEND AS: årsregnskap 2019 vs 2018

Shrank 44% on revenue, slipped into loss

approved 2020-07-06; registry 2020-08-06; journal 2020 656292

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ACUFRIEND AS. Revenue 4 814 NOK → 2 683 NOK (-44.3%). Net result +2 374 NOK → -20.4k NOK. Equity -457.5k NOK → -477.9k NOK.

On the constructive side: operating result improved. Pressures included: revenue fell; fell into a net loss; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACUFRIEND AS.

At a glance

Scorecard

Revenue
4 814 NOK 2 683 NOK
-44.3%
Operating result
-52.8k NOK -20.8k NOK
+60.6%
Net result
+2 374 NOK -20.4k NOK
-959.8%
Equity
-457.5k NOK -477.9k NOK
-4.5%
Cash
5 970 NOK 4 298 NOK
-28.0%
Total assets
289.0k NOK 283.2k NOK
-2.0%

What improved

  • ↑

    Operating result improved

    Operating result -52.8k NOK → -20.8k NOK (op. margin -1097.0% → -776.3%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4 814 NOK to 2 683 NOK (-44.3% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 2 374 NOK profit to a loss of 20.4k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -457.5k NOK → -477.9k NOK (equity ratio -158.3% → -168.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 5 970 NOK → 4 298 NOK (-28.0% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -168.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation